grand rapids mortgage company
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Average Monthly Mortgage Payments for First Time Home Buyers
February 3, 2023
First-time homebuyers often ask us how much their mortgage payment should be, but the answer varies based on individual situations and scenarios. Some of the factors that go into determining your monthly mortgage payment may include your home’s value and the purchase price, your interest rate (as determined by the broader market conditions and your […]
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How to Improve Your Credit Score Before Buying a Home
October 11, 2022
Why is Your Credit Score Important for Mortgages? Lenders estimate your ability to pay back money borrowed based on your credit score. A high credit score can result in a lower interest rate and save you thousands of dollars in interest paid over the life of the loan. At a glance, credit scores measure your […]
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How to Qualify for a Mortgage with Debt
March 5, 2022
Many people think that it is impossible to buy a house if you have debt. That is simply not true! Everyone has debt! It’s the type and amount of debt you have that will influence mortgage qualification. When it comes to personal debt and getting a mortgage, the main considerations are: How much debt do […]
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Mortgage Qualification After Bankruptcy: Rules, Timelines, & Information
October 20, 2021
People file for bankruptcy for a variety of reasons both personal and business. Although there are many rules regarding bankruptcy and home buying it is still possible to purchase a new home if you have filed for or gone through bankruptcy in the past. We discussed the topic with some of our licensed Loan Officers […]
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Non-Warrantable Vs. Warrantable Condos
July 31, 2020
Is buying a condo right for you? Condominiums, or condos, can be great alternatives to detached homes. City dwellers, singles, couples, seniors, and many others may find condos that suit their needs and budgets. Others may simply prefer low-maintenance living. Buyers who feel “priced out” of homes may discover condos offer an affordable homeownership alternative. […]
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How Lower Interest Rates Can Increase Purchase Power
July 9, 2020
With a limited inventory of affordably priced homes and a high demand, searching for a house can feel exhausting. Although the competition and dreaded multiple offer situation may make you want to put off purchasing a home until the market slows, 2020 is actually a great time to buy a home in Grand Rapids. Here’s […]
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How We Are Generating New Ways To Do Business—Remotely!
April 8, 2020
In response to the COVID-19 pandemic, Treadstone and other real estate professionals are establishing/generating new ways to do business—remotely! Our common goal is to keep transactions moving while keeping people healthy. At Treadstone, we pride ourselves on being nimble and evolving our business when the time calls for it—and that is just what we’ve done! […]
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What You Need To Do (& Know) To Get Mortgage Ready
March 24, 2020
So, you’re ready to buy a new home, or you think you may be soon. There are many important things to contemplate before getting a mortgage. Buying a home is one of the biggest and most important purchases of your life and signing on for a 15- or 30-year mortgage payment can feel…daunting. But if […]
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Knowing When it is Time to Downsize
January 27, 2020
Moving into a smaller home may feel like a step down, but it has a few upsides: saving money, saving time, and having less clutter in your life. According to a 2018 study by Fannie Mae, it is predicted that there will be a 42% increase in the number of older Americans exiting home ownership […]
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I’m New in Town, Can I Get a Mortgage?
June 5, 2019
Relocating and buying a house in a new city doesn’t have to be a daunting task when you work with the right Realtor and Lender who can help you pre-plan. To ensure you have an easy move, we have compiled some helpful tips, so you can better prepare for your upcoming move. The same basic […]